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BDO USA, P.C.
BDO USA, P.C. is the United States member firm of BDO International, the 5th largest global accounting network with over $12.8 billion in revenue. It is the 6th largest accounting and professional services firm in the United States by revenue. In 2023, BDO USA, P.C. became the first large national accounting firm to convert from a traditional limited liability partnership, to an entirely employee owned corporation. Due to this conversion, all employees are eligible to gain an equity stake in the company. The company is currently headquartered in downtown Chicago. BDO stands for Binder, Dijker, and Otte, the original founders of the firm. History BDO USA, P.C was founded as Seidman and Seidman in New York City in 1910 by three immigrant brothers: Maximillian L. Seidman, Francis E. Seidman, and Jacob S. Seidman. At that time the accounting profession was in its infancy, with fewer than 2,200 practicing CPAs in the United States. Shortly thereafter in 1913, the Sixteenth Amendment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One Prudential Plaza
One Prudential Plaza (formerly known as the Prudential Building) is a 41-story structure in Chicago completed in 1955 as the headquarters for Prudential Financial, Prudential's Mid-America company. It was the first skyscraper built in Chicago since the Great Depression of the 1930s and the Second World War. The plaza, including a second building erected in 1990, is owned by BentleyForbes and a consortium of New York investors, since the Great Recession of the early 21st century. History of construction The structure was significant as the first new downtown skyscraper constructed in Chicago since the LaSalle National Bank Building, Field Building, 21 years earlier and was built on air rights over the Illinois Central Railroad. It was the last building ever connected to the Chicago Tunnel Company's tunnel network. When the Prudential was finished it had the highest roof in Chicago with only the statue of Ceres (Roman mythology), Ceres on the Chicago Board of Trade higher. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounting Network
An accounting network or accounting association is a professional services network whose principal purpose is to provide members resources to assist the clients around the world and hence reduce the uncertainty by bringing together a greater number of resources to work on a problem. The networks and associations operate independently of the independent members. The largest accounting networks are known as the Big Four. The Big Four History of accounting networks and associations Foundations Accounting networks were created to meet a specific need. “The accounting profession in the U.S. was built upon a state-established monopoly for audits of financial statements.” Accounting networks arose out of the necessity for public American companies to have audited financial statements for the Securities and Exchange Commission (SEC). For over 70 years, the SEC has continually sought for greater coordination and consistent quality in audits everywhere in the world. Networ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BDO Global
BDO (an acronym for Binder Dijker Otte) is an international professional services network of public accounting, tax, consulting and business advisory firms headquartered in Zaventem, Belgium. The network is coordinated by BDO Global Coordination B.V., a limited liability company incorporated in Belgium, while each BDO member firm is part of BDO International Limited, a UK company limited by guarantee. BDO is the fifth-largest accounting network in the world, with global income of its member firms totalling US$ 15 billion in 2024. Each BDO member firm is an independent legal entity in its own country. The network was founded in 1963 as Binder Seidman International Group by firms from Canada, Germany, the Netherlands, the UK and the US. In 1973, the organisation adopted the name BDO, made up from the initials of the three founding firms: Binder (UK), Dijker (Netherlands) and Otte (Germany). Operations by country Australia Established in 1975, BDO Australia has offices in Bris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Mortgage Settlement
The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of America, JP Morgan, Wells Fargo, and Citigroup—responded by halting their foreclosure proceedings temporarily in some or all states. The foreclosure crisis caused significant investor fear in the U.S. A 2014 study published in the ''American Journal of Public Health'' linked the foreclosure crisis to an increase in suicide rates. One out of every 248 households in the United States received a foreclosure notice in September 2012, according to RealtyTrac. Robo-signing controversy "Robo-signing" is a term used by consumer advocates to describe the rubber-stamp process of mass production of false and forged execution of mortgage assignments, s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gardner, Massachusetts
Gardner is a city in Worcester County, Massachusetts, Worcester County in the Commonwealth of Massachusetts, United States. The population was 21,287 in the 2020 United States census, 2020 census. Gardner is home of such sites as the Blue Moon Diner, Dunn State Park, Gardner Heritage State Park, and Mount Wachusett Community College. History Named in honor of Thomas Gardner (politician), Thomas Gardner, the land was first settled by Europeans in 1764 and was officially incorporated as a town in 1785, after receiving land grants from the surrounding towns of Ashburnham, Massachusetts, Ashburnham, Templeton, Massachusetts, Templeton, Westminster, Massachusetts, Westminster, and Winchendon, Massachusetts, Winchendon. In circa 1805, Gardner became a center for lumber and furniture industries, and is now known as "The Chair City" and "The Furniture Capital of New England", due to its long history of production in that industry. By 1910, there were twenty chair factories, which produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rockford, Illinois
Rockford is a city in Winnebago County, Illinois, Winnebago and Ogle County, Illinois, Ogle counties in the U.S. state of Illinois. Located in far northern Illinois on the banks of the Rock River (Mississippi River tributary), Rock River, Rockford is the county seat, seat of Winnebago County. The population was 148,655 at the 2020 United States census, 2020 census, making Rockford the List of municipalities in Illinois, fifth-most populous city in Illinois as well as the most populous outside the Chicago metropolitan area. It anchors the Rockford metropolitan area, Illinois, Rockford metropolitan area, which had 338,798 residents in 2020. Settled in the mid-1830s under the initial name of Midway, Rockford became strategic for industrial development, stemming from its location roughly equidistant between Lake Michigan and the Mississippi River. During the second half of the 19th century, it became notable for its production of heavy machinery, hardware, and tools. At the beginning ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamestown, Illinois
Jamestown is an unincorporated community located in Clinton County, Illinois, United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 .... History The first settlement near Jamestown was made in 1817 by John King and his brother-in-law.History of Marion and Clinton Counties, Illinois, Brink, McDonough & Co., 1881 In the 1840s and 1850s, many German farmers settled in the area. Jamestown itself was founded on June 4, 1850, by William Lenox and James Massey. Churches There is one church in Jamestown, the St. Paul United Church of Christ. It was founded and constructed by the residents in Jamestown and surrounding areas as the St. Paul's Evangelical Church in 1908. It was primarily a German-speaking church upon its founding due to the demographics at that time, but over the ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax In The United States
The United States federal government and most State governments in the United States, state governments impose an income tax. They are determined by applying a tax rate, which Progressive tax, may increase as income increases, to taxable income, which is the total income less allowable tax deduction, deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnership taxation in the United States, Partnerships are not taxed (with some exceptions in the case of federal income taxation), but their partners are taxed on their shares of partnership income. Residents and citizens are taxed on worldwide income, while nonresidents are taxed only on income within the jurisdiction. Several types of tax credit, credits reduce tax, and some types of credits may exceed tax before credits. Most business expenses are deductible. Individuals may deduct certain personal expenses, including home mort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue Act Of 1913
The Revenue Act of 1913, also known as the Tariff Act of 1913, Underwood Tariff or the Underwood–Simmons Act (ch. 16, ), re-established a federal income tax in the United States and substantially lowered tariff rates. The act was sponsored by Representative Oscar Underwood, passed by the 63rd United States Congress, and signed into law by President Woodrow Wilson. Wilson and other members of the Democratic Party had long seen high tariffs as equivalent to unfair taxes on consumers, and tariff reduction was President Wilson's first priority upon taking office. Following the ratification of the Sixteenth Amendment in 1913, Democratic leaders agreed to seek passage of a major bill that would dramatically lower tariffs and implement an income tax. Underwood quickly shepherded the revenue bill through the House of Representatives, but the bill won approval in the United States Senate only after extensive lobbying by the Wilson administration. Wilson signed the bill into law on Octo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sixteenth Amendment To The United States Constitution
The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows Congress to levy an income tax without apportioning it among the states on the basis of population. It was passed by Congress in 1909 in response to the 1895 Supreme Court case of '' Pollock v. Farmers' Loan & Trust Co.'' The Sixteenth Amendment was ratified by the requisite number of states on February 3, 1913, and effectively overruled the Supreme Court's ruling in ''Pollock''. Prior to the early 20th century, most federal revenue came from tariffs rather than taxes, although Congress had often imposed excise taxes on various goods. The Revenue Act of 1861 had introduced the first federal income tax, but that tax was repealed in 1872. During the late nineteenth century, various groups, including the Populist Party, favored the establishment of a progressive income tax at the federal level. These groups believed that tariffs unfairly taxed the poor, and they favored using the income tax t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
